Texas, though, doesn’t contribute more to the US Budget than they get out, and… I hate to say this… Both GW Bush, and his predecessor in the Governors office did pretty good jobs managing the State.
During the Office of Rick Perry, they had some tremendous problems (I am from Texas, and technically, it is still a state of residence for some of my bills). Texas and California are however, the only two states (NY Possibly an exception, but only barely) that could really stand as an independent country in this day and age (They both did so in the past under very different conditions).
Upon thinking about it a bit. CA does have a more out of control spending problem. I still think that the problem could be remedied by a more equitable share of their Federal Tax money (not just Social Security) being returned to the state. Regardless of whether that happened, fiscal responsibility is needed. It doesn’t do any good to increase an income if the expenses rise disproportionately.
Texas, though, doesn’t contribute more to the US Budget than they get out, and… I hate to say this… Both GW Bush, and his predecessor in the Governors office did pretty good jobs managing the State.
During the Office of Rick Perry, they had some tremendous problems (I am from Texas, and technically, it is still a state of residence for some of my bills). Texas and California are however, the only two states (NY Possibly an exception, but only barely) that could really stand as an independent country in this day and age (They both did so in the past under very different conditions).
Upon thinking about it a bit. CA does have a more out of control spending problem. I still think that the problem could be remedied by a more equitable share of their Federal Tax money (not just Social Security) being returned to the state. Regardless of whether that happened, fiscal responsibility is needed. It doesn’t do any good to increase an income if the expenses rise disproportionately.
Actually, Texas does contribute more than they get back. Texas gets 94% of federal tax contributions back. California gets 79% back.
http://www.taxfoundation.org/blog/show/1397.html
Based on that map we can also see that more agriculturally focused states do well from federal tax dollars. I assume this is mostly farm subsidies.